Planning for your Portfolio….

Planning for your Portfolio….

This might make your local politicians a bit uncomfortable…and if you own expensive apartments in urban areas, your tummy might be queasy, too.

I’ve heard all kinds of justifications about Millennials housing choices and the plans needed to accomodate these choices from Directors of Economic Development, elected officials, private developers, non-profit organizations….and they always left me scratching my head, generating more questions than answers.

“Millenials ARE NOT behaving like past generations in their housing preference!!!”

Funny thing about “trends”. Trends always have a starting point. For the Millenials, this was in the early 2010’s. More DANGEROUS thing about “trends” is they ALWAYS have a stopping point, too. And just like musical chairs, you don’t want to be the investor without a chair when the music stops.

Check out this article describing precisely this issue. The music is about ready to stop. Millenials are beginning to behave like past generations have behaved…..SHOCKER, Right???